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Electronics for Imaging (Electronics for Imaging) Quick Ratio : 1.07 (As of Mar. 2019)


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What is Electronics for Imaging Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Electronics for Imaging's quick ratio for the quarter that ended in Mar. 2019 was 1.07.

Electronics for Imaging has a quick ratio of 1.07. It generally indicates good short-term financial strength.

The historical rank and industry rank for Electronics for Imaging's Quick Ratio or its related term are showing as below:

EFII's Quick Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.48
* Ranked among companies with meaningful Quick Ratio only.

Electronics for Imaging Quick Ratio Historical Data

The historical data trend for Electronics for Imaging's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Electronics for Imaging Quick Ratio Chart

Electronics for Imaging Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 3.00 2.72 2.17 1.12

Electronics for Imaging Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.12 2.15 1.01 1.12 1.07

Competitive Comparison of Electronics for Imaging's Quick Ratio

For the Computer Hardware subindustry, Electronics for Imaging's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electronics for Imaging's Quick Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electronics for Imaging's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Electronics for Imaging's Quick Ratio falls into.



Electronics for Imaging Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Electronics for Imaging's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(839.939-134.348)/627.808
=1.12

Electronics for Imaging's Quick Ratio for the quarter that ended in Mar. 2019 is calculated as

Quick Ratio (Q: Mar. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(827.872-141.88)/638.385
=1.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Electronics for Imaging  (NAS:EFII) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Electronics for Imaging Quick Ratio Related Terms

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Electronics for Imaging (Electronics for Imaging) Business Description

Traded in Other Exchanges
N/A
Address
6750 Dumbarton Circle, Fremont, CA, USA, 94555
Electronics for Imaging provides digital printing services to printer manufacturers, commercial photo labs, sign shops, and billboard graphics providers. The firm operates in three segments: industrial inkjet, which provides eponymous printers to markets undergoing conversion of production from analog to digital; productivity software, which provides products to manage and streamline printing operations; and Fiery, which provides digital front ends to transform printers into networked devices for commercial and industrial use. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Europe, Middle East, and Africa, and Asia-Pacific.
Executives
Dan Maydan director
Eric F Brown director C/O POLYCOM, INC., 4750 WILLOW ROAD, PLEASANTON CA 94588
Thomas Georgens director 495 EAST JAVA DRIVE, SUNNYVALE X1 94089
Janice Chaffin director SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Muir William D Jr director, officer: CHIEF EXECUTIVE OFFICER 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Richard A Kashnow director 313 CONSTITUTION DR, STE 100, MENLO PARK CA 94025
Guy Gecht director
Vincent Pilette officer: Chief Financial Officer 303 VELOCITY WAY, FOSTER CITY CA 94404
John Ritchie officer: Chief Financial Officer 303 VELOCITY WAY, FOSTER CITY X1 94404
James S Greene director
Blum Strategic Gp Iv, L.l.c. 10 percent owner 909 MONTOGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Saddlepoint Partners Gp, L.l.c. 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Strategic Gp Iii, L.l.c. 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Capital Partners Lp 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Richard C Blum & Associates Inc 10 percent owner 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133

Electronics for Imaging (Electronics for Imaging) Headlines

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